SPENCER STUART & ASSOCIATES LIMITED
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Cash
£18M
+43% vs 2024
Net assets
£13M
+24.3% vs 2024
Employees
195
+3.7% vs 2024
Profit before tax
£3.7M
+47.8% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £78,027,755 | £83,747,058 | +7.3% | |
| Operating profit | £2,656,159 | £3,913,545 | +47.3% | |
| Profit before tax | £2,484,254 | £3,672,528 | +47.8% | |
| Net profit | £1,797,657 | £2,603,743 | +44.8% | |
| Cash | £12,644,099 | £18,082,030 | +43% | |
| Total assets less current liabilities | £21,947,883 | £23,584,944 | +7.5% | |
| Net assets | £10,704,314 | £13,308,057 | +24.3% | |
| Equity | £10,704,314 | £13,308,057 | +24.3% | |
| Average employees | 188 | 195 | +3.7% | |
| Wages | £43,506,499 | £49,217,998 | +13.1% | |
| Directors' remuneration | £3,155,754 | £3,050,251 | -3.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | 3.4% | 4.7% | |
| Net margin | 2.3% | 3.1% | |
| Return on capital employed | 12.1% | 16.6% | |
| Current ratio | 1.14x | 1.19x | |
| Interest cover | 4.26x | 5.91x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has itself and without consideration of support available from its parent undertaking, Spencer Stuart International BV, adequate resources to continue in operational existence for the foreseeable future. The Company generated a net profit of £2.6m (2024: £1.8m) and has net current assets of £9.1m (2024: £6.2m). Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- SPENCER STUART & ASSOCIATES LIMITED · parent
- Spencer Stuart S.A. 9%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SELVARAJAN, Rushika | Secretary | 2023-12-11 | — | — |
| HOUSE, William John | Director | 2025-04-01 | Mar 1976 | British |
| HYNES, Patrick Joseph | Director | 2011-10-03 | Mar 1963 | British |
| IQBAL, Hesham | Director | 2021-07-01 | Jan 1975 | British |
| THORNEYCROFT, Hugh Martin Sumner | Director | 2013-10-01 | Jun 1967 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAPMAN, Richard Kenneth | Secretary | 1992-04-26 | 1992-10-01 |
| FOWLER, John Richard Francis | Secretary | 1992-10-01 | 2001-06-08 |
| ROBERTS, Karen Margaret | Secretary | 2001-06-08 | 2003-05-06 |
| WALMSLEY, Suzanne Joy | Secretary | — | 1992-04-23 |
| WINTER, Keith Michael | Secretary | 2003-05-06 | 2023-12-11 |
| CHAFFER, Jason James | Director | 1999-09-01 | 2002-09-01 |
| CHAPMAN, Richard Kenneth | Director | 1992-10-01 | 1999-07-07 |
| EADIE, Carolyn Claire | Director | 2009-02-01 | 2011-03-31 |
| FENTON, Simon Guthrie | Director | 2018-10-01 | 2025-01-23 |
| FENTON, Simon Guthrie | Director | 2002-09-01 | 2011-05-31 |
| KIMBELL, David Henry Spurrier | Director | — | 2009-02-01 |
| MARMION, Piers | Director | 1992-10-01 | 2000-01-11 |
| PARKER, Lorna Mary Southcombe | Director | 1997-10-01 | 2000-01-18 |
| POWER, Christopher Danvers | Director | — | 1998-09-30 |
| SPEED, Edward Richard Gordon | Director | 2011-05-31 | 2021-03-31 |
| STEWART, Allan Keith | Director | — | 1998-09-30 |
| STROYAN, James Mark Ptarmigan Douglas | Director | 2007-11-01 | 2012-10-01 |
| VARDY, Anthony John | Director | 2006-01-09 | 2007-11-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-14 | AA | accounts | Accounts with accounts type full | |
| 2025-07-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-02 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-10 | CH01 | officers | Change person director company with change date | |
| 2024-06-10 | CH01 | officers | Change person director company with change date | |
| 2024-06-10 | CH01 | officers | Change person director company with change date | |
| 2024-06-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-12-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-16 | AA | accounts | Accounts with accounts type full | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | AD02 | address | Change sail address company with old address new address | |
| 2022-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-08 | AA | accounts | Accounts with accounts type full | |
| 2021-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.